Is it expensive to live in Reeltown, Alabama? When calculating the cost of living in Reeltown, Alabama we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.
The cost of living in Reeltown, Alabama is lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Alabama, while median household income in Reeltown is $23,958 which is the lowest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Alabama.
The sales tax rate in Reeltown, Alabama is 10.8%. Last year, the average property taxes paid was 0.3% Reeltown, Alabama.
Here is the table with the State Income Taxes in the state of Alabama:
State Income Tax Brackets (Single):
Income Bracket Threshold | Income Bracket Ceiling | Alabama Income Tax Rate |
---|---|---|
$0 | $500 | 2.0% |
$500 | $3,000 | 4.0% |
$3,000 | $9,999,999 | 5.0% |
State Income Tax Brackets (Married):
Income Bracket Threshold | Income Bracket Ceiling | Alabama Income Tax Rate |
---|---|---|
$0 | $1,000 | 2.0% |
$1,000 | $6,000 | 4.0% |
$6,000 | $9,999,999 | 5.0% |
In Reeltown, Alabama, 74.0% of the population owns their homes, while approximately 26.0% rent. The average cost of a single-family home in Reeltown, Alabama in 2022 is $165,048 which is lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Alabama. The average one-bedroom apartment cost is approximately $679 per month.
Rental Size | Monthly Cost | Compared to Alabama |
---|---|---|
1 Bedroom | $679 | lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
2 Bedroom | $832 | lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
3 Bedroom | $1,061 | lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
4 Bedroom | $1,328 | moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |